PensionDanmark Portfolio holdings
PensionDanmark Pensionsforsikringsaktieselskab, known as PensionDanmark, is a non-profit pension fund run for Danish workers under collective agreements between trade unions and employer organisations. It was established in 1992. It was among the first Danish pension funds to consider investing in renewable energy. Besides pensions, it offers members health cover, including a health scheme that gives their children access to an online doctor, an online psychologist and physiotherapy.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Dominion Energy
D
|
+$23.4M |
| 2 |
Microsoft
MSFT
|
+$19.8M |
| 3 |
Honeywell
HON
|
+$14.3M |
| 4 |
HONA
Honeywell Aerospace
HONA
|
+$14.2M |
| 5 |
Amazon
AMZN
|
+$13.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NextEra Energy
NEE
|
+$23.2M |
| 2 |
DoorDash
DASH
|
+$22.5M |
| 3 |
Uber
UBER
|
+$21.7M |
| 4 |
Mercado Libre
MELI
|
+$18.5M |
| 5 |
Mastercard
MA
|
+$14.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 39.49% |
| 2 | Financials | 13.16% |
| 3 | Communication Services | 10.39% |
| 4 | Healthcare | 9.69% |
| 5 | Industrials | 8.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
NVIDIA
NVDA
$4.27T
| $928M | 7.71% |
4,638,748
-11,025
| -0.2% | -$2.27M |
2025 Q4
2 quarters
|
|
2
Apple
AAPL
$5.08T
| $840M | 6.98% |
2,902,190
+28,867
| +1% | +$8.26M |
2025 Q4
2 quarters
|
|
|
3
Microsoft
MSFT
$4.04T
| $529M | 4.4% |
1,419,491
+48,979
| +4% | +$19.8M |
2025 Q4
2 quarters
|
|
|
4
Amazon
AMZN
$2.9T
| $453M | 3.76% |
1,901,634
+52,490
| +3% | +$13.2M |
2025 Q4
2 quarters
|
|
5
Alphabet (Google) Class A
GOOGL
$3.57T
| $381M | 3.16% |
1,065,521
-2,779
| -0.3% | -$1M |
2025 Q4
2 quarters
|
|
6
Alphabet (Google) Class C
GOOG
$3.55T
| $366M | 3.04% |
1,034,533
-35,801
| -3% | -$12.8M |
2025 Q4
2 quarters
|
|
7
Broadcom
AVGO
$1.53T
| $327M | 2.72% |
865,698
+7,921
| +0.9% | +$3.18M |
2025 Q4
2 quarters
|
|
8
Micron Technology
MU
$823B
| $252M | 2.09% |
218,417
+6,845
| +3% | +$5.13M |
2025 Q4
2 quarters
|
|
9
Meta Platforms (Facebook)
META
$1.64T
| $245M | 2.03% |
434,173
-19,272
| -4% | -$11.8M |
2025 Q4
2 quarters
|
|
10
Advanced Micro Devices
AMD
$825B
| $183M | 1.52% |
315,846
-7,231
| -2% | -$2.96M |
2025 Q4
2 quarters
|
|
11
JPMorgan Chase
JPM
$911B
| $180M | 1.5% |
550,820
+3,000
| +0.5% | +$932K |
2025 Q4
2 quarters
|
|
12
Eli Lilly
LLY
$1.25T
| $179M | 1.49% |
149,389
+11,558
| +8% | +$11.8M |
2025 Q4
2 quarters
|
|
13
Applied Materials
AMAT
$293B
| $131M | 1.09% |
181,875
+11,347
| +7% | +$5.24M |
2025 Q4
2 quarters
|
|
14
Berkshire Hathaway Class B
BRK.B
$1.22T
| $121M | 1% |
241,432
+16,109
| +7% | +$7.74M |
2025 Q4
2 quarters
|
|
15
Johnson & Johnson
JNJ
$679B
| $117M | 0.97% |
461,491
+12,613
| +3% | +$2.94M |
2025 Q4
2 quarters
|
|
16
Lam Research
LRCX
$271B
| $116M | 0.97% |
268,636
+11,902
| +5% | +$3.61M |
2025 Q4
2 quarters
|
|
17
Intel
INTC
$309B
| $109M | 0.91% |
782,422
+43,311
| +6% | +$4.38M |
2025 Q4
2 quarters
|
|
18
Visa
V
$792B
| $107M | 0.89% |
311,868
+2,917
| +0.9% | +$936K |
2025 Q4
2 quarters
|
|
19
Cisco
CSCO
$387B
| $88.7M | 0.74% |
754,963
+101,914
| +16% | +$10.7M |
2025 Q4
2 quarters
|
|
20
Bank of America
BAC
$351B
| $86.4M | 0.72% |
1,517,136
+113,917
| +8% | +$6.06M |
2025 Q4
2 quarters
|
|
21
KLA
KLAC
$196B
| $86.4M | 0.72% |
286,464
+26,294
| +10% | +$5.22M |
2025 Q4
2 quarters
|
|
22
AbbVie
ABBV
$519B
| $85.4M | 0.71% |
339,179
+21,236
| +7% | +$4.57M |
2025 Q4
2 quarters
|
|
|
23
Mastercard
MA
$575B
| $84.5M | 0.7% |
164,539
-28,209
| -15% | -$14.1M |
2025 Q4
2 quarters
|
|
24
GE Aerospace
GE
$347B
| $83.7M | 0.7% |
223,915
+17,577
| +9% | +$5.5M |
2025 Q4
2 quarters
|
|
25
Costco
COST
$469B
| $83.2M | 0.69% |
88,952
+5,793
| +7% | +$5.77M |
2025 Q4
2 quarters
|
|
Similar funds
PensionDanmark's Q2 2026 Portfolio in Review
As of Q2 2026, PensionDanmark held 636 positions worth $12B, up 17% from $10.3B the previous quarter. Its ten largest holdings account for 37% of the portfolio.
PensionDanmark's Q2 2026 filing shows 18 new, 385 increased, 111 reduced and 46 closed positions. Its largest new stake was Honeywell: 64,269 shares worth $14.4M. The largest sale was NextEra Energy, an estimated $23.2M.
By sector, the portfolio is most concentrated in Technology at 39% of assets, up from 35% a quarter earlier, followed by Financials and Communication Services.
- PensionDanmark's largest Q2 2026 buy was Honeywell: 64,269 shares worth $14.4M.
- PensionDanmark added most to Dominion Energy in Q2 2026, an estimated $23.4M increase.
- PensionDanmark's biggest Q2 2026 reduction was NextEra Energy, cutting an estimated $23.2M.
- PensionDanmark fully exited Coupang in Q2 2026, selling an estimated $11.2M.
- PensionDanmark's ten largest holdings make up 37% of its $12B portfolio in Q2 2026.
- PensionDanmark opened 18 new positions and closed 46 in Q2 2026.
- PensionDanmark's portfolio value rose 17% quarter-over-quarter to $12B.
Based on PensionDanmark's 13F filing for Q2 2026, filed 8 Jul 2026.